President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
In a surprising announcement, Jaguar Land Rover has confirmed it has no intentions of building cars in the US, citing President Trump's tariffs as a significant factor. This comes after a pause in shipments and growing concerns across the motor industry about the unpredictable trade landscape.
Germany's economy faces stagnation for the third consecutive year as government forecasts for 2025 growth are drastically cut due to President Trump's tariffs. Learn how U.S. trade policies are affecting Europe's largest economy.
In a bold response to Trump's steel and aluminum tariffs, the EU and Canada announced retaliatory measures targeting billions in U.S. exports, including bourbon and motorcycles. Can this trade war be avoided?
In a bold move against U.S. tariffs, Canada is set to announce C$29.8 billion in retaliatory measures. As Prime Minister Trudeau prepares to transition power to Mark Carney, tensions rise in the ongoing trade conflict.
Dollar strengthens as consumer prices rise more than forecasted, impacting Fed's interest rate decisions. Focus on inflation, trade tensions, and Fed Chair Powell's remarks.
Find out how President Trump's tariffs on steel and aluminum are set to raise prices on consumer goods like cars, beverages, home appliances, and bicycles, potentially impacting the economy and consumer spending.